News
In the News
Jan 4, 2019

Andrew Wilder quoted in Marijuana Business Daily regarding a change to the Bermuda laws

Share:
Marijuana Business Daily View original

Andrew Wilder, Chair of the Cannabis Law Group at Torkin Manes, was quoted in Marijuana Business Daily regarding a change to the Bermuda laws to allow Bermuda investment vehicles to invest into the legal cannabis market.

"Andrew J. Wilder, chairman of the cannabis group at the Torkin Manes law firm in Toronto, believes lifting the regulatory ban on funds could lead to greater capital access for legal cannabis businesses."

“People who wouldn’t otherwise be interested in investing, or who could perhaps invest more money, would likely find that by structuring some of their cannabis investments through a Bermuda fund to be an attractive option,” he said.

“… If they flow their money through such a fund, the taxes that would be payable in connection with monetizing the investments made by the fund should be less than they would otherwise be if the investor were to invest directly into the cannabis business, and as such, the return to the investor should generally be higher.”

To read the complete article, please visit Marijuana Business Daily

Related News

In the News

Matt Maurer featured in The Lawyer's Daily on cannabis consumption spaces

Matt Maurer Matt Maurer, Chair of our Cannabis Law Group and Franchise Law Group, was featured in The Lawyer's Daily on cannabis consumption spaces.
Jan 27, 2023
Firm News

Best Lawyers® names Torkin Manes Partner, Matt Maurer, Lawyer of the Year for Cannabis Law

Matt Maurer Torkin Manes is pleased to announce that Best Lawyers® has selected ​Matt Maurer as the 2023 "Lawyer of the Year" in the area of Cannabis Law in Toron...
Aug 25, 2022
Firm News

Matt Maurer nominated for Attorney of the Year for the 2022 O’Cannabiz Industry Awards

Matt Maurer Matt Maurer, co-chair of our Cannabis Law Group is nominated for Attorney of the Year for the 2022 O’Cannabiz Awards Gala.
Mar 31, 2022